Buhmwoo built the Bupyeong Plant in 1975, guided by the concept of a research institute that regards the development of technologies as the sole key to the achievement of the highest quality.

Buhmwoo's customers are car and steel manufacturers performing precision metal processing. As such, the most important objectives of product development are to retain the characteristics unique to the quality of each product even after use by customers and recycle products for a long period of time under diversified processing conditions; thus ultimately contributing to the improvement of quality and productivity onsite.

Accordingly, it is important to provide site-tailored products and technical services to ensure customer satisfaction. Buhmwoo operates a research team specializing in various kinds of oil products and enabling a site consumption control system to be operated to provide periodic technology services.

To satisfy current and future customers, Buhmwoo Institute of Technology Research (BIT) uses scientific development techniques such as Quality Function Development (QFD), Failure Mode and Effect Analysis (FMEA), and Design of Experiments (DOE) considering not only the ¡¸ Qualitative Aspects ¡¹ but also the ¡¸ Environmental Aspects¡¹ and ¡¸ Safety¡¹. Buhmwoo develops products using the abovementioned standardized procedures and supplies only thoroughly tested and validated products to customers. It operates a product processing system that enables customers to accumulate related technologies easily during the process.

Furthermore, Buhmwoo operates a Cross Functional Team overseeing the sales, purchase, quality, and production divisions centering on the research institute to shorten the development lead-time and to ensure quality in the early development stages. In particular, Buhmwoo improves the efficiency of product development by checking and applying the requirements for related production and delivery processes.